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nices Brief Exercise 18-8 (Algo) Treasury stock [LO18-5] In previous years. Cox Transport reacquired 3 million treasury shares at $20 per share and, later,
nices Brief Exercise 18-8 (Algo) Treasury stock [LO18-5] In previous years. Cox Transport reacquired 3 million treasury shares at $20 per share and, later, 1 million treasury shares at $24 per share. If Cox now sells 3 million treasury shares at $26 per share and determines cost as the weighted-average cost of treasury shares, by what amount will Cox's paid-in capital-share repurchase increase? (Enter your answer in millions (i.e.. 10,000,000 should be entered as 10).) Paid-in capital-share repurchase will increase by million
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